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Airtle Doc-Pages-2,12-13

Bharti Airtel Limited is a leading global telecommunications company operating in 20 countries across Asia and Africa, headquartered in New Delhi, India. It has over 342 million customers and ranks among the top 3 mobile service providers globally. In fiscal year 2015-2016, Airtel made several operational and financial achievements, including receiving $2.5 billion in financing commitments, acquiring wireless broadband operations, and launching new mobile plans and services. Airtel also undertook various strategic partnerships and transactions involving spectrum acquisitions, tower sales, and mergers & acquisitions.

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74 views3 pages

Airtle Doc-Pages-2,12-13

Bharti Airtel Limited is a leading global telecommunications company operating in 20 countries across Asia and Africa, headquartered in New Delhi, India. It has over 342 million customers and ranks among the top 3 mobile service providers globally. In fiscal year 2015-2016, Airtel made several operational and financial achievements, including receiving $2.5 billion in financing commitments, acquiring wireless broadband operations, and launching new mobile plans and services. Airtel also undertook various strategic partnerships and transactions involving spectrum acquisitions, tower sales, and mergers & acquisitions.

Uploaded by

Kavya Gopakumar
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
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Corporate

Information
Board of Directors
Mr. Sunil Bharti Mittal, Chairman
Ms. Chua Sock Koong
Sheikh Faisal Thani Al-Thani
Mr. Ben Verwaayen
Mr. Rakesh Bharti Mittal
Mr. V. K. Viswanathan Bharti Airtel Limited is a leading
Mr. Craig Ehrlich
Mr. D. K. Mittal
global telecommunication
Mr. Manish Kejriwal
Mr. Shishir Priyadarshi
company with operations in 20
Ms. Tan Yong Choo countries across Asia and Africa.
Mr. Gopal Vittal, Managing Director
& CEO (India & South Asia)
Headquartered in New Delhi, India, the Company ranks
among the top 3 mobile service providers globally in terms of
Executive Chairman
subscribers. In India, the Company's product offerings include
(Africa)
2G, 3G and 4G wireless services, mobile commerce, fixed line
Bharti Airtel International
services, high speed DSL broadband, IPTV, DTH, enterprise
(Netherlands) B.V.
Mr. Christian de Faria services including national & international long-distance
services to carriers. In the rest of the geographies, it offers 2G,
3G and 4G wireless services and mobile commerce. Bharti Airtel
Company Secretary
had over 342 Mn customers across its operations at the end of
& Compliance Officer
March 2016.
Mr. Rajendra Chopra

Statutory Auditors
M/s. S. R. Batliboi & Associates LLP
Chartered Accountants

Internal Auditors
M/s. ANB & Co.
M/s. KPMG
The information contained in this
report can be accessed through
Cost Auditors the Airtel Investor Relations app
available on the iPhone and iPad.
M/s. R. J. Goel & Co.
Cost Accountants

Secretarial Auditors
M/s. Chandrasekaran Associates
Company Secretaries

Registered &
Corporate Office
Bharti Airtel Limited
Bharti Crescent,
1, Nelson Mandela Road,
Vasant Kunj, Phase – II,
New Delhi – 110 070, India
For the online version of the
Website Annual Report please log on to
http://www.airtel.in/about-
www.airtel.com bharti/equity/results/

Corporate Identification
Number (CIN)
L74899DL1995PLC070609
Transformational Network

Achievements in FY 2015-16
Operational
Highlights

Financial
Highlights
Rolled out a national mobile
number portability.

Announced the launch of first


indigenously manufactured
DTH set top boxes; in step with
the Government’s ‘Make in
India’ initiative.

In collaboration with the


Government of Madhya
Pradesh, launched an internet
literacy programme - ‘e-Shakti’, Signed pan-African agreement
Received Bilateral to build internet awareness with Liquid Telecom to provide
Financing Commitments of and access for women working fibre connectivity to towers.
up to USD 2.5 Bn from China with various government
Development Bank and departments and for girl Won ‘Golden Peacock Award
Industrial and Commercial students of government-run for Sustainability’ for the year
Bank of China. schools and colleges. 2015.

15 May June July August September

Airtel becomes the third Introduced new range of


largest mobile operator in ‘Infinity Plans’ (industry
the world. first plan) and an industry
first technology platform –
Signed an agreement Flexpage.
to acquire 100% equity
stake in Augere Wireless Launched ‘Wynk Movies’
Broadband India. – carrier agnostic mobile
application offering customers
thousands of movies and other
video content.

Entered into strategic


partnership with Uber in India.

10 Annual Report 2015-16


02-39
Bharti Airtel Limited Corporate Overview 40-125 | Statutory Reports 126-355 | Financial Statements

Became the first mobile


operator in India to
commercially deploy LTE-
Advanced (4G+) technology
on a live 4G network in
Kerala. LTE-Advanced carrier
aggregation technology
combines TD LTE (2300 MHz)
with FD LTE (1800 MHz)
Wynk Music crossed 12 Mn bandwidths to deliver mobile
downloads. data speeds up to 135 Mbps.

Announced ‘Project Leap’ - Airtel Rwanda received the


largest capital expenditure award of best 4G Mobile
of `600,000 Mn in the Network Operator for the
next three years towards year 2015 for exceptional
a comprehensive network performance in 4G LTE by
transformation. Olleh Rwanda Networks (ORN).

October November January February March 16

Launched high speed 4G Entered into an exclusive Entered into a definitive


services commercially in 334 discussion with Axiata agreement with Videocon
towns across India. Group to explore the Telecommunications Limited
possibility of combining the (VTL) to acquire, rights to use
Concluded the sale of about business operations of their 2x5 MHz spectrum in the 1800
9,000 telecom towers in subsidiaries in Bangladesh, MHz Band in six circles at an
eight African countries. namely, Robi Axiata. aggregate consideration of
Total proceeds from all the `44,280 Mn.
concluded transactions is over Signed a definitive
USD 1.8 Bn. agreement with Orange to Kotak Mahindra Bank Limited
sell operations in Burkina agreed to acquire 19.90% of
Faso and Sierra Leone. the paid-up capital of Airtel
Payments Bank Limited.

Entered into agreement


for the sale of over 1,300
telecom towers in Tanzania to
American Tower Corporation
(ATC).

Achievements in FY 2015-16 11

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